Brief: Mercator Medical EGM To Vote On Authorising Management To Conduct Buyback Of Own Shares

Mercator Medical SA

18/09/2024 06:38

Sept 18 (Reuters) - Mercator Medical SA  MRCP.WA :
    * SAID ON TUESDAY EGM TO VOTE ON OCTOBER 14 ON AUTHORISING
MANAGEMENT TO CONDUCT BUYBACK OF UP TO 200,000 OWN SHARES 
    * PRICE UNDER BUYBACK TO BE NO LOWER THAN 75 ZLOTYS AND NO
HIGHER
THAN 100 ZLOTYS PER SHARE
    * TOTAL VALUE OF BUYBACK TO BE NO HIGHER THAN 15 MLN ZLOTYS
    * EGM WILL VOTE ON CREATING RESERVE CAPITAL OF 15 MLN ZLOTYS
FOR
SHARE BUYBACK
    * THE RESERVE CAPITAL WILL BE CREATED FROM SUPPLEMENTARY
CAPITAL
    * EGM WILL ALSO VOTE ON AUTHORISING MANAGEMENT TO BUY BACK
352,622
COMPANY'S SHARES FROM COMPANY'S UNIT LEADER MED B.V. 
 

        
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 Further company coverage:  MRCP.WA  

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